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China says Japan's East China Sea pictures provoke confrontation

BEIJING, July 23 (Reuters) - Japan's release of pictures of Chinese construction activity in the East China Sea will only provoke confrontation between the two countries and do nothing for efforts to promote dialogue, China's Foreign Ministry said.

Indian banks opt for offbeat tactics to tackle $49 bln of bad debts

MUMBAI, July 23 (Reuters) - Under pressure to do more to cut a $49 billion mountain of bad debt, India's state-owned banks are reversing years of lax recovery efforts, naming and shaming smaller borrowers and even using big TV screens at shopping malls to advertise seized assets for sale.

RPT-COLUMN-North Dakota oil well completions slow sharply: Kemp

LONDON, July 22 (Reuters) - No new well completion reports have been filed in North Dakota since July 10, the longest gap this year, according to daily activity records published by the state's Department of Mineral Resources (DMR).

AEG Power to supply power systems for petrochemical cluster in China

China National Offshore Oil (CNOOC) has selected AEG Power Solutions to supply power systems solutions to secure critical loads applications at its petrochemical production center, located in Huanghua City in the province of Hebei in China.

CB&I secures contract for Louisiana refinery in US

CB&I has secured $100 contract from major energy company for a Tier 3 clean fuels project.

RPT-UPDATE 1-BHP's 'four pillars' no buffer against weak commodity prices

SYDNEY, July 22 (Reuters) - BHP Billiton's strategy of diversifying across commodities was designed to shield the miner in a volatile sector, but its entire suite of products suffered double-digit price falls in the latest half-year.

UPDATE 2-Work at site of Nexen spill done on tight schedule -engineering firm

FORT MCMURRAY, Alberta, July 22 (Reuters) - Infrastructure at the site in northern Alberta of one of the biggest oil-related pipeline spills ever on North American soil was installed on a "tight schedule", according to the firm that developed some of the pipeline's safety technology.

RPT-WRAPUP 2-Iran pushes nuclear deal as U.S. lawmaker aims to stop it

DUBAI/WASHINGTON, July 22 (Reuters) - Iran's pragmatist government tried on Wednesday to sell its nuclear agreement with world powers to hardliners at home, just as a U.S. congressional leader promised to do "everything possible" to sink the deal.

UPDATE 2-U.S. says Shell is not yet allowed to drill in Arctic oil zone

WASHINGTON, July 22 (Reuters) - The U.S. Interior Department on Wednesday granted Royal Dutch Shell two final permits to explore for crude in the Arctic this summer, but said the company cannot drill into the oil zone until required emergency equipment arrives in the region.

U.S. says Shell is not yet allowed to drill in Arctic oil zone

WASHINGTON, July 22 (Reuters) - The U.S. Interior Department on Wednesday granted Royal Dutch Shell its final two permits to drill in the Arctic this summer, but said the company cannot drill into the oil zone yet.

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